Beaufort Securities Reiterates “Hold” Rating for J Sainsbury plc (JSAIY)
J Sainsbury plc (NASDAQ:JSAIY)‘s stock had its “hold” rating reaffirmed by analysts at Beaufort Securities in a research note issued on Friday.
Several other research firms have also recently commented on JSAIY. Societe Generale reiterated a “hold” rating on shares of J Sainsbury plc in a research note on Tuesday, June 28th. Zacks Investment Research cut J Sainsbury plc from a “hold” rating to a “strong sell” rating in a research note on Wednesday, September 28th. Citigroup Inc. reiterated a “neutral” rating on shares of J Sainsbury plc in a research note on Wednesday, August 31st. Finally, Deutsche Bank AG reiterated a “buy” rating on shares of J Sainsbury plc in a research note on Saturday, June 25th. One investment analyst has rated the stock with a sell rating, three have given a hold rating and one has issued a buy rating to the company. The company presently has an average rating of “Hold”.
J Sainsbury plc (NASDAQ:JSAIY) opened at 12.685 on Friday. The stock has a market capitalization of $6.08 billion and a price-to-earnings ratio of 10.860. J Sainsbury plc has a 52-week low of $11.08 and a 52-week high of $17.17. The company has a 50-day moving average of $12.89 and a 200-day moving average of $13.91.
J Sainsbury plc Company Profile
J Sainsbury plc is engaged in grocery-related retailing and retail banking. The Company’s segments include Retailing; Financial services, and Property investments. The Retailing segment is engaged in the operation of supermarkets and convenience. The Financial services segment includes the operations of Sainsbury’s Bank plc (Sainsbury’s Bank).
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